CLEAR WAY FOR IMPORTS Milei government opens up food imports in bid to curb price hikes 12-03-2024 12:38 Argentina’s government orders full opening of food imports in an attempt to curb an inflationary spike and introduce more “competitive” prices.
TRADE BALANCE Argentina reverses trade deficit after peso devaluation 19-01-2024 16:50 Trading balance was reversed in December, after the strong devaluation of the peso.
TRADE WOES Record trading debt: SMEs at risk of default 23-09-2023 05:13 Import debt has reached US$38 billion. Argentina’s small and medium-sized businesses (SMEs or PyMEs) face an increasing number of difficulties in paying suppliers due to restrictions to access the foreign exchange market. by Ludmila Di Grande
Business Spanish multinational Inditex exits Argentina by franchising Zara 20-07-2023 12:16 Spanish giant Inditex has decided to transfer the management of its brands' operations in Argentina and Uruguay mainly due to import restrictions.
Bloomberg Government hauls in oil firms for meeting amid dollar shortage 24-05-2023 10:43 Officials set to meet with oil firms to discuss how imports must be financed amid a severe shortage of dollars.
Alberto in Brazil Brazil to finance Argentina’s imports to relieve pressure on reserves 04-05-2023 01:14 Lula assures that he is seeking solutions to sustain Brazilian exports to Argentina and that he will be lobbying the International Monetary Fund (IMF) "to remove the knife from Argentina’s throat."
BILATERAL RELATIONS Fernández and Lula meet in Brasília for trade and financing talks 02-05-2023 20:42 President Alberto Fernández met with Brazilian leader Luiz Inácio Lula da Silva in Brasília on Tuesday, with talks focusing on financing for imports and exports.
MORE MEASURES FROM MASSA Argentina to pay for Chinese imports in yuan instead of dollars 27-04-2023 00:16 Economy Minister Sergio Massa activates plan to boost dwindling reserves and agrees deal with Beijing that will allow Argentina to pay for Chinese imports in yuan instead of US dollars.
LULA IN BUENOS AIRES Brazil to finance Argentine importers in bid to boost trade ties 23-01-2023 21:42 Loans to Argentine companies will be given by public and private banks in Brazil and covered by guarantees from both governments.
AGRICULTURE China scoops up cheaper Argentina soybeans as US harvest begins 21-09-2022 15:20 China, the world's biggest soybean importer, has greatly increased purchases from Argentina, just as US farmers begin to harvest their crop.
BLOOMBERG Peso crisis imperils coffee supplies in famed cafes of Argentina 30-08-2022 15:47 An escalating currency crisis is threatening a touchstone of Buenos Aires life: coffee.
NEW MEASURES Argentina to tighten import controls to preserve reserves 23-08-2022 12:49 Argentina's government will impose restrictions to discourage imports in the coming days and protect reserves.
EDITORIAL A motley crew – in the air and on the ground 18-06-2022 07:53 A Venezuelan cargo plane with mysterious Iranians is a random factor entering out of the blue for a government sinking ever deeper into the red, concealing as much as reflecting more substantial issues.
LATIN AMERICA US-Venezuela business picking up despite punishing sanctions 05-06-2022 12:35 Venezuela's imports of US food and farming products are on the rise, with the private sector driving increased business between the two former partners despite punishing sanctions imposed on Caracas by Washington.